I have been insured with LV for about six years - everything fine until my latest renewal notice. With absolutely no change in personal circumstances, no address change, no vehicle change and no incident of any kind, LV have increased my excess from £250 to £350, and my premium increased by £93.93p.
Asking for an explanation, their rep came up with such risk changes as "post code" and "car ageing" and "type of vehicle - VW Touran". I pointed out that there have been no increases in crime for my area and my car, now just over 6-1/2 years old, has only just reached 40.000 miles and is serviced by the VW dealership service plan and is properly maintained.
Looking on 'comparethemarket.com' I notice that, where LV were once at the top of the list, they have now dropped a very long way down. Needless to say, I am now obtaining quotes from other insurers - got a good three weeks to complete the exercise so no panic.
Asking for an explanation, their rep came up with such risk changes as "post code" and "car ageing" and "type of vehicle - VW Touran". I pointed out that there have been no increases in crime for my area and my car, now just over 6-1/2 years old, has only just reached 40.000 miles and is serviced by the VW dealership service plan and is properly maintained.
Looking on 'comparethemarket.com' I notice that, where LV were once at the top of the list, they have now dropped a very long way down. Needless to say, I am now obtaining quotes from other insurers - got a good three weeks to complete the exercise so no panic.